MRV Sells Source Photonics To Francisco Partners
socalTECH
OCTOBER 27, 2010
Chatsworth-based MRV Communications said late Tuesday evening that it has sold its Source Photonics unit to private equity firm Francisco Partners. Source Photonics is a developer of optical communications components. MRV said that the deal was worth approximately $146M, made up of $113M in cash plus $33M in assumed debt.
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